Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Short Interest Update

Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) saw a significant increase in short interest in May. As of May 15th, there was short interest totaling 161,569 shares, an increase of 146.7% from the April 30th total of 65,484 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average trading volume of 89,665 shares, the short-interest ratio is currently 1.8 days.

Hartford Multifactor Developed Markets (ex-US) ETF Stock Performance

Shares of NYSEARCA RODM opened at $41.36 on Friday. Hartford Multifactor Developed Markets has a fifty-two week low of $33.33 and a fifty-two week high of $41.74. The stock has a market cap of $1.50 billion, a price-to-earnings ratio of -96.19 and a beta of 0.65. The firm’s 50-day simple moving average is $40.54 and its 200 day simple moving average is $38.93.

Institutional Trading of Hartford Multifactor Developed Markets (ex-US) ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Ascentis Independent Advisors purchased a new position in shares of Hartford Multifactor Developed Markets (ex-US) ETF during the first quarter valued at approximately $39,000. Flagship Harbor Advisors LLC bought a new stake in Hartford Multifactor Developed Markets (ex-US) ETF during the fourth quarter worth $49,000. Webster Bank N. A. purchased a new stake in Hartford Multifactor Developed Markets (ex-US) ETF in the 1st quarter valued at $60,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in Hartford Multifactor Developed Markets (ex-US) ETF in the 4th quarter valued at $74,000. Finally, Fifth Third Bancorp bought a new position in Hartford Multifactor Developed Markets (ex-US) ETF during the 1st quarter valued at $115,000. 7.13% of the stock is owned by hedge funds and other institutional investors.

About Hartford Multifactor Developed Markets (ex-US) ETF

Direct Markets Holdings Corp., formerly Rodman & Renshaw Capital Group, Inc, is a holding company. Through its subsidiaries, it is engaged in the investment banking business. The Company’s principal operating subsidiary is Rodman & Renshaw, LLC (R&R). It is an investment bank, which provides corporate finance, strategic advisory and related services to public and private companies across multiple sectors and regions. It also provides research and sales and trading services to institutional investors.